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Old 09-14-2003, 12:13 PM  
Quotealex
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Join Date: Sep 2001
Location: The Global Digerati Village
Posts: 6,265
Quote:
Originally posted by Lane
Your house is not an asset, it's a liability. I wouldn't call that an investment.
Right on bro
I could never why people beleive that buying a single tenant house is an investment. If you want to invest in real estate buy a multi-tenant residential properrty, or an office building, or a commercial building, or an industrial building or even a REIT. But don't buy a house and call it an investment.
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